FirmaIQ
Org.nr 918 536 221 2019 → 2020 Year-over-year analysis

A.TJELTA MASKIN AS: årsregnskap 2020 vs 2019

Grew 39% on revenue, stronger earnings

approved 2021-05-28; registry 2021-06-07; journal 2021 396117

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A.TJELTA MASKIN AS. Revenue 582.3k NOK → 812.0k NOK (+39.4%). Net result +6 201 NOK → +79.4k NOK. Equity -358.0k NOK → -278.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.TJELTA MASKIN AS.

At a glance

Scorecard

Revenue
582.3k NOK 812.0k NOK
+39.4%
Operating result
+6 566 NOK +88.5k NOK
+1248.5%
Net result
+6 201 NOK +79.4k NOK
+1180.8%
Equity
-358.0k NOK -278.6k NOK
+22.2%
Total assets
291.7k NOK 331.6k NOK
+13.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 582.3k NOK to 812.0k NOK (+39.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6 566 NOK → +88.5k NOK (op. margin 1.1% → 10.9%). Calculated

  • ↑

    Net result improved

    Net result +6 201 NOK → +79.4k NOK (net margin 1.1% → 9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -358.0k NOK → -278.6k NOK (equity ratio -122.7% → -84.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 43.3k NOK → 6 116 NOK (7% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 65.9k NOK → 171.6k NOK (+160.5% YoY). Calculated